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Italy: Introduction of the umbrella scheme Regime Quadro to support Italian companies following the outbreak of COVID-19

Description

On 21 May 2020, Regime Quadro was introduced following the EU Commission's approval on the same day. The Italian authorities estimate that the scheme has a total budget of EUR 9 billion (approx. USD 9...

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Intervention Details

Intervention Type

Interest payment subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

21 May 2020

Revocation date

15 Dec 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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